
San Jose, California 95136
This Strong Value Opportunity is a Turnkey Condominium listed at $750,000, positioned well below the $868,895 Fair Market Value by 13%. This valuation gap provides $118,895 in Instant Equity. Featuring a Condition Rating of 2, the home offers a fully remodeled interior, sweeping views, and a private deck and patio. While school ratings are modest, the property’s prime location and comprehensive HOA benefits make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 523 Elk Ridge 6 Subject | $765,000* List Price | 3 | 2 | 1,434 | $604 | - |
A 337 Ballymore Circle Sold | $929,100 | 3 | 3 | 1,376 | $675 | 0.3 mi |
B 473 Tower Hill Avenue Sold | $855,000 | 2 | 3 | 1,370 | $624 | 0.2 mi |
C 585 Adeline Avenue Sold | $760,000 | 2 | 2 | 1,104 | $688 | 0.2 mi |
D 3241 Heather Ridge Court Active | $699,999 List Price | 3 | 2 | 1,434 | $488 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has been fully remodeled within the last 5 years, featuring a modern kitchen with shaker-style cabinetry, granite countertops, and stainless steel appliances. The bathrooms are updated with contemporary vanities and a large glass-enclosed walk-in shower. With new flooring, recessed lighting, and a fresh interior, the home is in mint, move-in-ready condition.
Situated at the top of the prestigious Communication Hill, this unit offers sweeping views and a rare 'private residence' feel with no neighbors above or below.
The fully remodeled 1,434 sqft interior features an open floor plan, updated kitchen with granite countertops, and three separate outdoor spaces for enhanced indoor-outdoor living.
The association fee includes high-value utilities such as water, cable, internet, and garbage, simplifying monthly expenses for the homeowner.
At $830 per month, the association fees are substantial and may impact the overall affordability and debt-to-income ratio for potential buyers.
The assigned public schools carry lower ratings (4 and 5 out of 10), which may be a concern for families prioritizing top-tier academic districts.
Dont miss this rare opportunity to own in the highly sought-after Elk Ridge community on Communication Hill. Ideally positioned at the top of the complex, this home offers sweeping views, exceptional privacy, and a peaceful setting. This fully remodeled, single-level 3 bed, 2 bath condo spans 1,434sqft and lives like a private residence with no neighbors above or below. The open floor plan features spacious living and dining areas centered around a cozy wood-burning fireplace, with seamless access to multiple outdoor spaces including a stunning front deck and two private patios. The updated kitchen showcases stainless steel appliances, granite countertops, ample cabinetry, and a breakfast bar. The primary suite includes a walk-in closet and ensuite bath. Additional highlights include in-unit laundry, a detached one-car garage, one dedicated parking space, and generous storage. HOA covers water, cable, internet, and garbage. Conveniently located near Highways 87 and 85, as well as light rail, offering easy access throughout Silicon Valley.
No exterior & parking available.
Grades K-8 • 2.4 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,434 | 1,373 | 57% |
| Lot Size | - | - | 50% |
| Price | $765.0K | $852.5K | 29% |
| Price per sq ft | $533 | $653 | 7% |
| Built year | 1988 | 1999 | 36% |
| HOA | $830.0 | $448 | 93% |
| Days on market | 45 | 118 | 14% |
Jun 2, 2026
$765,000
$750,000
+2% Price Increase
Initial Listing
Apr 22, 2026
$750,000
Initial Listing
Oct 3, 2012
$270,000
Public Record
Mar 27, 2007
$554,500
Public Record